4 ms·
Because the concentration of capital and wealth isn't rapid enough as is?
by jampekka 9y ago
Because the concentration of capital and wealth isn't rapid enough as is?
- eru 9y agoRich people usually own / use quite a lot more land (directly and indirectly) than poorer people. So land value tax is plenty progressive in practice. See eg https://medium.com/basic-income/why-land-value-tax-and-universal-basic-income-need-each-other-42ba999f7322 https://medium.com/basic-income/why-land-value-tax-and-unive... for how this could work.